The broadcasting company offers an interesting entry point.

The company shows strong fundamentals and benefits from qualitative Surperformance ratings. Sales have continuously increased since 2009 and estimations are that revenues will progress of 7% this year. Margins are improving too, net margin is expected to rise from 13.9% to 17.4% in 2014 and 18.6% in 2015. The company has a sound financial situation with a positive cash position. Thomson-Reuters analysts have consistently revised upward their EPS and Revenue previsions for the next two years with a YoY increase of 30%. 2014 EPS is expected at 11.6 pence from 8.1 pence for this 2013.

On a technical viewpoint, the stock price is in the same trading range since early 2014. Lately, the last consolidation phase brought back the share to the bottom of this range, after having tested at several occasions the GBp 210.6 resistance. Nonetheless, the upward trend could rapidly sent the stock near this level.

Active investors could take a long position at the current price aiming the top of the trading range, the GBp 210.6 resistance. A stop loss will be placed under the GBp 192.5 support line, warning of a more important consolidation phase.